East vs. West: The bigger problem is that gamers in Asia and the East seem to like blockchain games, but not in the West.steemCreated with Sketch.

in #steemeast2 years ago

Non-fungible tokens, crypto in general, and ownership in general are strongly opposed by a vocal minority.So that's another obstacle,” Siu stated.I believe that's the real problem that most Western game companies have, which is that they can't get customers to buy their games.
Since Animoca Brands is a global business, it has also been affected.However, Siu stated that he feels for Westerners.He made the observation that the initial argument made by critics was that free-to-play games abused a lot of players in the West because games in the West were based on merit, as opposed to "pay-to-win" games, which occasionally thrived in Asia.The concern was that incorporating powerful financial instruments into a game would alter the gameplay to favor wealthy individuals.
According to Siu, "I think the larger narrative really is the fact that people, especially young people in America, have gone very anti-capitalist in their thinking."The fact that socialism actually has a strong political agenda today can be seen through the lens of the political landscape in America.However, it was even unimaginable five to seven years ago.
As a result, groups see cryptocurrency as a tool for the wealthy, and getting started with crypto games costs a lot of money.Additionally, they are viewed as attempting to defraud you of your funds.Siu thinks that the political climate in Asia is different because young democracies are accepting capitalism and property rights.It probably also has to do with the fact that many of the games so far haven't been very entertaining, and big-budget blockchain games that are in the works haven't come out yet.

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